One of the founders of modern Las Vegas whose name is synonymous with some of the Strip’s best known hotel-casinos, Kerkorian died Monday night in Los Angeles after a brief illness.
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Don’t be surprised in you hear a lot more about the flow of big money from foreign jurisdictions into the U.S. via some highly questionable casino transfers.
Las Vegas-based Caesars Entertainment Corp. was sued for more than $6 billion by a representative for noteholders who are the lone creditors backing its controversial plan to overhaul $18 billion in debt.